Marketplace, August 22, 2012, Wednesday

Marketplace

August 22, 2012, Wednesday

Marketplace (full article)

Why we're paid what we're paid

When it came to negotiating her first big job after college, Yelena Shur did everything just right. Almost everything. Her only mistake was last Thanksgiving when a relative got her to crack...

"If it's a very specific skill set and a very specific task that's being done, it's more straight-forward to pay the person," said economist Kevin Hallock, Sher's professor at Cornell.